Accenture stock falls after earnings miss, while revenue topped forecasts
shares of Accenture PLC fell 3.3% in Thursday's pre-market trading on
thursday after the consulting firm announced third-quarter
fiscal gains that were unexpected as gains, providing an unfavorable outlook.
Net income for the quarter ended May 31 rose to $ 1.79 billion, or $ 2.79 per share,
from $ 1.55 billion, or $ 2.40 per share, a year ago.
The consensus FactSet for earnings per share is $ 2.86. Revenue increased 21.8% to $ 16.16 billion,
above the FactSet consensus of $ 16.04 billion as consulting revenue increased